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Old 05-20-2014, 10:50 AM   #610
XDCX
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Join Date: Nov 2007
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Quote:
Originally Posted by squish View Post
On the news this morning they reported that oil production and supplies are up so prices should be dropping soon, the report estimated the national average could drop to $2.50 over the summer!
Wow, it would be nice to see gas drop back to $2.50 again.

Maybe I'm a skeptic but I'll believe it when I see it. I'm not convinced there's perfect competition in the oil market and it seems like it's too easy to manipulate the wholesale price using contracts on the futures market.
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